Team Leader - Finance - Ahmedabad

Job Summary:

The Team Leader Finance - Reporting will be responsible for end-to-end financial and regulatory reporting related to GIFT City financial books of the life insurance business. This includes timely closure of Gift city books, OPEX booking, GL reconciliation, and ensuring compliance with Statutory regulations. The role involves working closely with cross-functional teams to support business performance reporting, financial control, and regulatory submissions

Key Responsibilities:

• Prepare and file all statutory returns in line with GIFT City regulations.
• Ensure adherence to deadlines, completeness and compliance in regulatory submissions.
• Monitor and track operational expenses (OPEX).
• Ensure timely and accurate month-end and year-end GL closure for GIFT City operations.
• Perform account-level reconciliations and resolve discrepancies.
• Maintain accurate financial records specific to GIFT City operations.
• Ensure compliance with IFSC accounting guidelines and support internal/external audits.
• Prepare monthly MIS and variance analysis reports.
• Assist in budgeting, forecasting, and tracking key financial metrics.
• Automate repetitive reporting processes using Excel VBA or Power BI.
• Design and implement SOPs for routine Gift City processes and reporting.
• Coordinate with auditors and provide necessary schedules and documentation.
• Ensure adherence to internal financial controls and company policies.
• Collaborate with Finance, IT, Underwriting, Operations, and Compliance etc. teams.
• Present periodic financial and operational insights to senior management including monthly/quarterly/annual results and reasoning for the same.

Skills Required:

• Knowledge of insurance accounting and financial reporting frameworks.
• Expertise in GL closure, OPEX tracking, and financial reconciliations.
• Proficiency in MS Excel, and financial systems (e.g., SAP, Oracle or similar ERP).
• Familiarity with IRDAI, SEBI, GIFT City / IFSC and SEZ regulatory requirements.
• Strong analytical, problem-solving, and interpersonal skills.